A termination or break-up letter is a formal written termination. It is usually communicated for a redundancy meeting at which the staff member is informed orally of the situation. Most workers are familiar with employment contracts that cover all employment issues as well as the rights and obligations of the worker and employer. Sometimes the parties also have a contract that only covers the end of the employment relationship. It contains some of the issues dealt with in the employment contract, as well as additional obligations or benefits negotiated by the parties at the time of termination. It may also include an employee `unlocking` any claims he may have against the employer in exchange for a nice severance pay. You may find that an end-of-work contract is the best way to protect yourself if you leave one job and start another. The agreement and the adoption of a termination agreement is always voluntary for both parties and is a matter of freedom of agreement. Therefore, the law does not provide for what should or should not be included in such agreements. However, it is always preferable to try to reach a simple and easy-to-understand agreement, which at least implies that termination contracts usually occur when a potentially contentious dismissal takes place.

A lawyer can help you be careful to avoid a legal dispute and make sure you are ready to take legal action if one of them comes forward. Talk to an experienced labour lawyer and find out how they can help protect your interests. End-of-work contracts are legal documents that should be prepared by a qualified person. This may be someone in a company`s staff department or legal department. Two important considerations to consider in the development of the agreement are when an agreement takes effect and whether or not a “cooling period” is included in the treaty. The agreement must identify tax deductions and payment rules. In some cases, a company continues to pay to the employee`s health insurance. This may be the case, for example, if you are in a group health insurance program. If the company offers salaries and other payments, the agreement must specify the exact amount and type of compensation. Payment can be a package or a structured plan.